Ballast Water Microbes Shows a Ship’s Journey
In one of the largest geographic surveys of ballast and harbor water to date, Claudia Gunsch and William Gerhard, scientists at Duke University in North Carolina, showed that they can identify the source of...
Greek Shipowner Has Ordered Its Sixth 174,000-m3 LNG Carrier
An article published in LNG World Shipping reports that the Greek shipowner Capital Gas has ordered its sixth 174,000-m3 LNG carrier from South Korea’s Hyundai Heavy Industries (HHI), as some UK-based BRL Shipping Consultants...
Belships ASA Acquires Supramax Bulk Carrier for $12.0 Million
Belships ASA has agreed to acquire the 55,866 dwt bulk carrier M/V Sephora from Prospero Marine Ltd, a company controlled by Greek shipowner Elias Kulukundis, says an article published in Dry Cargo International.
MV Sephora
MV...
What Sinking Ship Finance Means To Future Ocean Freight Markets?
Two key indicators of vessel finance – securities sales by U.S.-listed ship owners and global marine syndicated loan activity are both flashing red.
U.S.-listed ship owners grossed only $650 million from sales of...
DryShips (DRYS) Announces Acquisition of Vessel
According to an article by Street Insider, DryShips Inc., a diversified owner, and operator of ocean-going cargo vessels, today announced that it has agreed to acquire from an entity.
Fair market value
It is deemed to...
Drewry: Boxship Scrapping To Rise Ahead of IMO 2020
The United States has ceased granting waivers for the import of sanctioned Iranian oil will contribute to carriers’ rising operating expense in the short-term.
IMO 2020 will trigger much greater scrapping of containerships...
[Watch] 13 Indians Aboard a Burning Cargo Vessel Off Khalid Port
According to an article published in Khaleej Times, the quick-acting Sharjah Civil Defence, firefighters rescued a crew of 13 Indians from a burning cargo dhow anchored at Sharjah Creek near Khalid Port.
What happened?
The vessel...
Tanker Reports Successful Trial of Non-Lethal Antifouling Agent
MR tanker has coated Team Calypso’s vertical sides with Chugoku Marine Paints’ SEAFLO NEO CF-Premium antifouling coating.
Team Calypso’s in-water-survey schedule 35 months after the coating was applied showed the hull to be virtually...
Ports Revoke Open-loop Scrubber Ban After Publication of Academic Research
Several Port Authorities around the world have given approvals and no-objection letters indicating their intention to revoke open-loop scrubbers ban in their waters.
Ports were given scientific evidence showing that the wastewater from...
GNS Partners StormGeo To Integrate World’s Navigation With Weather Solutions
In a recent development, GNS has announced that they have started a strategic partnership with StormGeo which will create new situational awareness, route optimization through StormGeo’s market-leading BVS and advanced decision support tools and...